Examples of Affiliated Unit in a sentence
The term “Employee” shall mean any person who receives wages or salary from the Named Insured or an Affiliated Unit, but such term shall not include any person who serves as an officer of the Named Insured or an Affiliated Unit.
The term “Loss” shall mean any amount which an Insured shall become legally obligated to pay as the result of the Insured’s own Wrongful Act or series of related Wrongful Acts or as indemnification as the result of another Insured’s Wrongful Act or series of related Wrongful Acts including judgments, settlements, premiums on bonds, and reasonable expenses incurred byan Insured at the request of the Company, but excluding salaries of officers and Employees of the Named Insured or an Affiliated Unit.
If a Claim is made against an Insured by any other Insured, the Named Insured shall deter- mine which, if any, of the Insureds in question shall be eligible for the coverage provided by this policy, provided that this policy shall not apply to a Claim made by or on behalf of any Employee or former Employee of the Named Insured or an Affiliated Unit arising out of the employment relationship between said Em- ployee or former Employee and the Named Insured or an Affiliated Unit.
An Insured shall do nothing after the Wrongful Act to prejudice such rights.Should the Company elect to provide a defense of any Claim, it shall be subrogated to any rights of an Insured under any other insurance for defense costs in excess of the amount necessary to reimburse the National Education Association and an Affiliated Unit for the payment of any expenses that they incurred related to such defense.
If a Claim is made against an Insured by any other Insured, the Named Insured shall determine which, if any, of the Insureds in question shall be eligible for the coverage provided by this policy, provided that thispolicy shall not apply to a Claim made by or on behalf of any Employee or former Employee of the Named Insured or an Affiliated Unit arising out of the employment relationship between said Employee or former Employee and the Named Insured or an Affiliated Unit.
The term “Authorized Association Activities” shall mean those activities of an Insured which are approved by a governing body of the Named Insured or an Affiliated Unit for the purpose of carrying out objectives set forth in its governing documents or which are undertaken in connection with an approved policy or pro- gram of the Named Insured or an Affiliated Unit.
The term “Loss” shall mean any amount which an Insured shall become legally obligated to pay as the result of the Insured’s own Wrongful Actor series of related Wrongful Acts or as indemnification as the result of another Insured’s Wrongful Act or series of related Wrongful Acts including judgments, settlements, premiums on bonds, and reasonable expenses incurred by an Insured at the request of the Company, but excluding salaries of officers and Employees of the Named Insured or an Affiliated Unit.
An Insured shall do nothing after the Wrongful Act to prejudice such rights.Should the Company elect to provide a de- fense of any Claim, it shall be subrogated to any rights of an Insured under any other insur- ance for defense costs in excess of the amount necessary to reimburse the National Educa- tion Association and an Affiliated Unit for the payment of any expenses that they incurred related to such defense.
GENERAL ASSEMBLY OF THE ASSOCIATION The General Assembly of the Association shall consist of: 13.1 Two authorised representatives (one male and preferably one female) of each Affiliated Unit to be nominated by the Affiliated Unit in the manner prescribed in Article 23; and 13.2 All the office-bearers and members (with voting rights) of the Council.
Failure to comply with this obligation by Affiliated Unit shall make them liable for expulsion from the membership of the Association.